New York City Police Foundation Inc
NYC Police Foundation shows consistent revenue and asset growth, with no reported officer compensation.
EIN: 132711338 · New York, NY · NTEE: I600 · Updated: 2026-03-28
Is New York City Police Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York City Police Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York City Police Foundation Inc
New York City Police Foundation Inc (EIN: 132711338) is a nonprofit organization based in New York, NY, classified under NTEE code I600. The organization reported total revenue of $11.8M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York City Police Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York City Police Foundation Inc is a large nonprofit that has been operating for 55 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.7M |
| Total Expenses | $9.7M |
| Surplus / Deficit | +$513 |
| Total Assets | $16.7M |
| Total Liabilities | $2.1M |
| Net Assets | $14.5M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 20.5 months |
Financial Health Grade: A
In 2023, New York City Police Foundation Inc reported a surplus of $513 with revenue exceeding expenses, holds 20.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), New York City Police Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | +2.7% | +3.4% |
| 2022 | +29.1% | +21.0% | +4.2% |
| 2021 | -33.1% | -28.7% | +4.1% |
| 2020 | +22.0% | +14.8% | +7.9% |
| 2019 | -16.8% | -16.0% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York City Police Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New York City Police Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $513, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that either no officers receive compensation or their compensation is reported under different categories, warranting further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York City Police Foundation Inc's IRS 990 filings:
- Consistent 'Officer Comp=0%' across all filings may obscure actual executive compensation details.
- Lack of detailed expense breakdown in provided data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for New York City Police Foundation Inc:
- Consistent revenue generation, typically between $7M and $12M annually.
- Steady growth in assets, increasing from $10.7M in 2014 to $16.6M in 2023.
- Expenses generally align closely with revenues, indicating active use of funds.
- Positive net assets, with assets significantly exceeding liabilities (e.g., $16.6M assets vs $2.1M liabilities in 2023).
Frequently Asked Questions about New York City Police Foundation Inc
Is New York City Police Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York City Police Foundation Inc (EIN: 132711338) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does New York City Police Foundation Inc spend its money?
New York City Police Foundation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York City Police Foundation Inc tax-deductible?
New York City Police Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132711338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the New York City Police Foundation Inc. financially stable?
Yes, the organization appears financially stable, with consistent revenues between $7M and $12M and steady asset growth from $10.7M in 2014 to $16.6M in 2023.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $10,795,024 in 2014 to $16,667,049 in 2023.
How do expenses compare to revenues?
Expenses generally track closely with revenues, indicating that most of the incoming funds are being utilized for operations and programs, for example, in 2023, revenue was $9,745,275 and expenses were $9,744,762.
Is executive compensation transparent?
The filings consistently report 0% officer compensation, which requires further review of the full 990 forms to understand how executive compensation is reported, if any.
Filing History
IRS 990 filing history for New York City Police Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New York City Police Foundation Inc's revenue has grown by 7.6%, moving from $9.1M to $9.7M. Total assets increased by 8.3% over the same period, from $15.4M to $16.7M. Total functional expenses rose by 31.3%, from $7.4M to $9.7M. In its most recent filing year (2023), New York City Police Foundation Inc reported a surplus of $513, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $16.7M in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $14.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.7M | $9.7M | $16.7M | $2.1M | — | — |
| 2022 | $10.3M | $9.5M | $16.1M | $1.8M | — | View 990 |
| 2021 | $8.0M | $7.8M | $15.5M | $1.5M | — | View 990 |
| 2020 | $11.9M | $11.0M | $14.9M | $1.2M | — | View 990 |
| 2019 | $9.7M | $9.6M | $13.8M | $1.0M | — | View 990 |
| 2018 | $11.7M | $11.4M | $13.6M | $1.1M | — | View 990 |
| 2017 | $9.9M | $9.7M | $12.8M | $552K | — | View 990 |
| 2016 | $7.9M | $7.5M | $12.6M | $575K | — | View 990 |
| 2015 | $7.0M | $5.7M | $12.1M | $500K | — | View 990 |
| 2014 | $5.1M | $5.1M | $10.8M | $497K | — | View 990 |
| 2013 | $7.7M | $11.1M | $10.8M | $494K | — | View 990 |
| 2012 | $9.1M | $7.4M | $15.4M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.7M, expenses of $9.7M, and assets of $16.7M (revenue -5.1% year-over-year).
- 2022: Revenue of $10.3M, expenses of $9.5M, and assets of $16.1M (revenue +29.1% year-over-year).
- 2021: Revenue of $8.0M, expenses of $7.8M, and assets of $15.5M (revenue -33.1% year-over-year).
- 2020: Revenue of $11.9M, expenses of $11.0M, and assets of $14.9M (revenue +22.0% year-over-year).
- 2019: Revenue of $9.7M, expenses of $9.6M, and assets of $13.8M (revenue -16.8% year-over-year).
- 2018: Revenue of $11.7M, expenses of $11.4M, and assets of $13.6M (revenue +18.4% year-over-year).
- 2017: Revenue of $9.9M, expenses of $9.7M, and assets of $12.8M (revenue +24.6% year-over-year).
- 2016: Revenue of $7.9M, expenses of $7.5M, and assets of $12.6M (revenue +13.2% year-over-year).
- 2015: Revenue of $7.0M, expenses of $5.7M, and assets of $12.1M (revenue +37.8% year-over-year).
- 2014: Revenue of $5.1M, expenses of $5.1M, and assets of $10.8M (revenue -34.0% year-over-year).
- 2013: Revenue of $7.7M, expenses of $11.1M, and assets of $10.8M (revenue -14.8% year-over-year).
- 2012: Revenue of $9.1M, expenses of $7.4M, and assets of $15.4M.
Data Sources and Methodology
This transparency report for New York City Police Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.